Pricing actuary demographics and statistics in the US
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Pricing actuary demographics by:
Pricing actuary gender statistics
28.6% of pricing actuaries are women and 71.4% of pricing actuaries are men.
- Male, 71.4%
- Female, 28.6%
Pricing actuary gender ratio
| Gender | Percentages |
|---|---|
| Male | 71.4% |
| Female | 28.6% |
Pricing actuary gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$68,396
Female income
$62,885
Pricing actuary gender ratio over time
This data breaks down the percentage of men and women in pricing actuary positions over time. Currently, 28.6% of pricing actuaries are female.
Pricing actuary gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 70.04% | 29.96% |
| 2011 | 67.30% | 32.70% |
| 2012 | 68.03% | 31.97% |
| 2013 | 70.54% | 29.46% |
| 2014 | 63.47% | 36.53% |
| 2015 | 68.78% | 31.22% |
| 2016 | 73.50% | 26.50% |
| 2017 | 70.10% | 29.90% |
| 2018 | 69.61% | 30.39% |
| 2019 | 70.69% | 29.31% |
| 2020 | 71.71% | 28.29% |
| 2021 | 71.43% | 28.57% |
Pricing actuary related jobs gender ratio
We compared pricing actuaries with similar job titles to see how gender ratios vary. As you can see, balance engineer and lead simulation modeling engineer have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Clinical Data Specialist | 25% | 75% |
| Actuary Clerk | 27% | 73% |
| Clinical Data Coordinator | 27% | 73% |
| Pricing Actuary | 71% | 29% |
| Method Consultant | 80% | 20% |
| Lead Simulation Modeling Engineer | 89% | 11% |
| Balance Engineer | 93% | 7% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Pricing actuary demographics by race
The most common ethnicity among pricing actuaries is White, which makes up 74.3% of all pricing actuaries. Comparatively, 16.5% of pricing actuaries are Asian and 3.4% of pricing actuaries are Hispanic or Latino.
- White, 74.3%
- Asian, 16.5%
- Hispanic or Latino, 3.4%
- Black or African American, 2.9%
- Unknown, 2.9%
- American Indian and Alaska Native, -0.0%
Pricing actuary race
| Pricing actuary race | Percentages |
|---|---|
| White | 74.3% |
| Asian | 16.5% |
| Hispanic or Latino | 3.4% |
| Black or African American | 2.9% |
| Unknown | 2.9% |
| American Indian and Alaska Native | -0.0% |
Pricing actuary race and ethnicity over time
See how pricing actuary racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Pricing actuary race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 85.37% | 0.70% | 11.50% | 1.05% |
| 2011 | 78.78% | 2.86% | 16.73% | 0.82% |
| 2012 | 79.84% | 1.61% | 13.31% | 4.44% |
| 2013 | 81.05% | 0.98% | 15.03% | 1.63% |
| 2014 | 79.23% | 0.96% | 16.29% | 2.88% |
| 2015 | 75.87% | 1.05% | 19.93% | 1.75% |
| 2016 | 81.03% | 1.93% | 12.54% | 2.25% |
| 2017 | 77.23% | 2.02% | 16.14% | 2.88% |
| 2018 | 79.26% | 1.60% | 14.36% | 2.66% |
| 2019 | 82.60% | 2.34% | 11.69% | 1.82% |
| 2020 | 79.34% | 1.65% | 14.05% | 2.48% |
| 2021 | 74.27% | 2.91% | 16.50% | 3.40% |
Pricing actuary wage gap by race
According to our data, asian pricing actuaries have the highest average salary compared to other ethnicities. Black or african american pricing actuaries have the lowest average salary at $65,242.
| Ethnicity | Salary |
|---|---|
| Unknown | $68,631 |
| White | $70,942 |
| Black or African American | $65,242 |
| Asian | $71,087 |
| Hispanic or Latino | $66,283 |
Average pricing actuary age
See how the average age of pricing actuaries varies based on ethnicity and gender.
Male
Female
Pricing actuary age by race and gender
| Race | Male age | Female age |
|---|---|---|
| White | 39 | 38 |
| Black or African American | 33.5 | |
| Asian | 35 | 35 |
Pricing actuary age breakdown
The average age of pricing actuaries is 40+ years years old, representing 41% of the pricing actuary population.
Pricing actuary age breakdown
| Pricing Actuary Years | Percentages |
|---|---|
| 40+ years | 41% |
| 30-40 years | 40% |
| 20-30 years | 18% |
Pricing actuary educational attainment
The most common degree for pricing actuaries is bachelor's degree, with 85% of pricing actuaries earning that degree. The second and third most common degree levels are master's degree degree at 11% and master's degree degree at 4%.
- Bachelor's, 85%
- Master's, 11%
- Doctorate, 4%
Pricing actuaries by degree level
| Pricing actuary degree | Percentages |
|---|---|
| Bachelor's | 85% |
| Master's | 11% |
| Doctorate | 4% |
Pricing actuary jobs you might like
Pricing actuary wage gap by degree level
| Education | Salary |
|---|---|
| Master's Degree | $75,616 |
| Bachelor's Degree | $60,423 |
Pricing actuary employment statistics
Company size where pricing actuaries work
Below, you can see the size of companies where pricing actuaries work.
Pricing actuary jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 13% |
| 100 - 500 employees | 10% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 38% |
| > 10,000 employees | 23% |
Pricing actuary turnover and employment statistics
Pricing actuary unemployment rate over time
The unemployment rate for pricing actuaries between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Pricing actuary unemployment rate by year
| Year | Pricing actuary unemployment rate |
|---|---|
| 2010 | 2.97% |
| 2011 | 1.75% |
| 2012 | 1.35% |
| 2013 | 1.11% |
| 2014 | 1.03% |
| 2015 | 2.62% |
| 2016 | 1.03% |
| 2017 | 0.32% |
| 2018 | 0.87% |
| 2019 | 1.99% |
| 2020 | 0.92% |
| 2021 | 0.53% |
Average pricing actuary tenure
The average pricing actuary stays at their job for 1-2 years, based on the 28 pricing actuaries resumes in Zippia's database.
Pricing actuary tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 20% |
| 1-2 years | 17% |
| 3-4 years | 23% |
| 5-7 years | 33% |
| 8-10 years | 3% |
| 11+ years | 3% |
Pricing actuary LGBT ratio compared to similar jobs
Review the percent of pricing actuaries that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Project Management Lead | 7.66% | 158,441 |
| Engineering Specialist | 7.80% | 74,442 |
| Statistician | 8.31% | 17,782 |
| Program Administrator | 8.39% | 119,898 |
| Material Liaison | 13.23% | 23,756 |
| Pricing Actuary | 17.69% | - |
| Research And Development Internship | 20.69% | 154,854 |
Similar pricing actuary jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Project Management Lead | 7.66% | 158,441 |
| Engineering Specialist | 7.80% | 74,442 |
| Statistician | 8.31% | 17,782 |
| Program Administrator | 8.39% | 119,898 |
| Material Liaison | 13.23% | 23,756 |
| Research And Development Internship | 20.69% | 154,854 |
